U.S. employers posted fewer jobs, hired more
WASHINGTON — Employers advertised fewer jobs in July but hired more workers, a mixed sign that suggests only modest improvement in the job market.
Job openings fell 180,000 in July to 3.7 million, the Labor Department said Tuesday. That's down from 3.9 million the previous month, which was revised lower.
Overall hiring increased to 4.4 million, up from 4.3 million in June and 4.17 million a year ago. Still, hiring has fluctuated in recent months and remains below the 5 million pace before the recession.
Layoffs dropped to 1.5 million, the lowest level on records dating to 2001.
The latest data on job openings and turnover in the workforce reaffirmed the painfully slow but steady progress taking place over the past three years. The economy is adding jobs. But much of the improvement has come from a drop in layoffs — not rapid hiring.
Employers added 169,000 net jobs in August, and many fewer than thought in July and June, the government said Friday. The unemployment rate fell to 7.3 percent, but only because more people gave up looking for work.
Show commenting policy
TribLive commenting policy
You are solely responsible for your comments and by using TribLive.com you agree to our Terms of Service.
We moderate comments. Our goal is to provide substantive commentary for a general readership. By screening submissions, we provide a space where readers can share intelligent and informed commentary that enhances the quality of our news and information.
While most comments will be posted if they are on-topic and not abusive, moderating decisions are subjective. We will make them as carefully and consistently as we can. Because of the volume of reader comments, we cannot review individual moderation decisions with readers.
We value thoughtful comments representing a range of views that make their point quickly and politely. We make an effort to protect discussions from repeated comments either by the same reader or different readers.
We follow the same standards for taste as the daily newspaper. A few things we won't tolerate: personal attacks, obscenity, vulgarity, profanity (including expletives and letters followed by dashes), commercial promotion, impersonations, incoherence, proselytizing and SHOUTING. Don't include URLs to Web sites.
We do not edit comments. They are either approved or deleted. We reserve the right to edit a comment that is quoted or excerpted in an article. In this case, we may fix spelling and punctuation.
We welcome strong opinions and criticism of our work, but we don't want comments to become bogged down with discussions of our policies and we will moderate accordingly.
We appreciate it when readers and people quoted in articles or blog posts point out errors of fact or emphasis and will investigate all assertions. But these suggestions should be sent via e-mail. To avoid distracting other readers, we won't publish comments that suggest a correction. Instead, corrections will be made in a blog post or in an article.
- Operating loss widens at Highmark parent
- Stocks fall for 2nd straight day as corporate earnings concerns deepen
- Pennsylvania grid operator might delay power auction for new rules
- Summer blend to boost gasoline prices over next month
- Anchor Hocking parent EveryWare files for Chapter 11
- Consol Energy files for IPO of coal spin-off
- Stocks of Pittsburgh-area companies set record in March
- Stop foreign dumping, U.S. Steel CEO Longhi tells Congress
- Falling demand for steel not likely to reverse any time soon
- Conventional gas, oil drillers seek rules differing from shale industry in Pennsylvania
- Corporate missteps hurt reputations, profits, sometimes in long run